Jorge Aurelio

Status: Paid Back

$950.00		Loan Request
$950.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)

Name:	Jorge Aurelio
Location:	Ayacucho, Peru
Activity:	Carpentry

About the Loan

Loan Amount:	$950.00
Loan Use:	To purchase lumber
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 17, 2009
Date Disbursed:	Mar 3, 2009
Date Funded:	Mar 18, 2009
Loan Ended:	Sep 15, 2009

About the Field Partner

Field Partner:

FINCA Peru

Field Partner Risk Rating:

(Learn more)

Active

28 months

9340

$2,717,400

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Peru
Avg Annual Income:	$6,715.00
Currency:	Peru Nuevos Soles (PEN)
Exchange Rate:	3.2150 PEN = 1 USD

Jorge is a member of the June 30th Communal Bank. He is 70 years old and married with 12 children, though only one of his daughters lives with him. Jorge has a woodshop in his house where he makes custom-ordered products and buys and sells lumber. Jorge needs a loan of $950 that will be used to purchase lumber. Jorge dreams of expanding his business and buying a machine for his woodshop.

Translated from Spanish by Julia Kaplan, Kiva Volunteer

Jorge es socia del Banco Comunal 30 de junio.
Jorge es casado, tiene 70 años y 12 hijos de los cuales solo 1 hija vive con ella, Jorge tiene un taller de carpintería en su casa , donde realiza trabajos a pedido de sus clientes, también compra y vende maderas.
Jorge necesita un préstamo de 3000 soles dinero que será invertido en la compra de maderas.
Los sueños de Jorge son incrementar su negocio y comprar una maquina para implementar su taller.

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Journal entries for Jorge Aurelio

Loan has been disbursed Entrepreneur: Jorge Aurelio Location: Ayacucho, Peru Thank you for your loan. It has been disbursed to Jorge Aurelio by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Ayacucho, Peru Mar 19, 2009
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Repayment Schedule for Jorge Aurelio

Show Advanced

	Expected Repayments	Actual Repayments	Comments
May 2009	$158.33	$158.33	Repayment Received
June 2009	$158.33	$158.33	Repayment Received
July 2009	$158.33	$158.33	Repayment Received
August 2009	$158.33	$158.33	Repayment Received
September 2009	$158.33	$158.33	Repayment Received
October 2009	$158.35	$158.35	Repayment Received